Ep 2666a – [CB] Fiat Currencies Doomed, People’s Currency Coming Into Play

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The [CB] fiat currency time has come to an end. The people are starting to realize with inflation that there is something wrong and now financial pundits are speaking out for Crypto. Bitcoin did better than gold and the market.

5 years ago•

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One thought on “Ep 2666a – [CB] Fiat Currencies Doomed, People’s Currency Coming Into Play”

James Waltrd
January 3, 2022 at 11:23 am
Permalink

Episode 2666a – my favorite illustration of the hidden inflation that I have been using for quite a few years:

1977: Salary: 8798.00
New Car: 3600.00
House: 15,100.00

2015: Salary: 86,000.00
New Car: 36,000.00
House: 150,000.00

At first glance it was an increase of 10x’s over the course of 38 years however, in reality, it was smoke and mirrors to create the illusion of increase using bigger number but no additional purchasing power.
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